Land, Buildings, Income and Lifestyle Opportunity!

3 Wharawhara Road, Katikati

By Negotiation

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Land, Buildings, Income and Lifestyle Opportunity! | 3 Wharawhara Road, Katikati | 2501454 |      X Close

Land, Buildings, Income and Lifestyle Opportunity!

-Land area: High profile 8989sqm corner site (more or less)

-Building area: Two buildings totalling 985sqm (approximately)

-Annual Net Rental: Current $53,000 + GST / Potential $63,000 + GST

-Potential: Options to build your stunning country residence

-Zoning: Suit rural zoned compliant business / other activities subject to consent

-Opportunity: For investors / owner occupiers looking to add further value

The property comprises a rural zoned site which has been developed with two barn style buildings that are currently utilised for commercial business activities with a resource consent in place for the cafe.

The principal barn building is predominantly tenanted by Chrome Cafe on a month to month basis with an additional smaller retail/office area at the northern end of the building currently vacant. The other auxiliary barn building is fully leased to McElwain Auctions.

The Chrome cafe lease includes a significant chattels schedule that are owned by the Landlord and included in the lease to the tenant. These business chattels will be included in the sale of the property.

The site further provides a large flat grassed building platform suitable for future development of either a new dwelling or another barn structure to complement the existing. This area has attractive views to west with the Uretara stream in the foreground and the Kaimai Ranges in the background.

The location and strong profile of the property to SH2 provides numerous lifestyle and potential business options for a new owner occupier or investor to reap the rewards from this rural based site.

3 Wharawhara Road, Katikati

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